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China NEV taxi market is expected to cross to US$ 560.0 Million by 2020 growing at a CAGR of more than 36% in the given forecast period.

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new energy vehicle nev taxi market research report

New Energy Vehicle (NEV) Taxi Market Research Report

Presented By

Market Research Engine


Report TitleNew Energy Vehicle (NEV) Taxi Market in China to Cross US$ 575.0 Million by 2021 - by Market Research Engine


New York, October 28: Market Research Engine has published a new report titled as “New Energy Vehicle (NEV) Taxi Market by Ownership (Company Owned and Individually Owned) and by Taxi Range (Short and Long Range NEV Taxis) - China Industry Analysis, Trends and Forecast 2015 - 2021”

The New Energy Vehicle (NEV) taxis are the vehicles that run on the unconventional sources of energy with advanced techniques. As these systems cause less pollution and serve as an alternative to the traditional sources of fuels. The Chinese government is taking major steps to increase the use of unconventional sources of fuel for transportation and mobility of the people.

China NEV taxi market is expected to cross to US$ 560.0 Million by 2020 growing at a CAGR of more than 36% in the given forecast period.

Browse Full Report:


The major driving factors of NEV Taxi Market are as follows:

Taxies in China travel around 450 km daily.

Due to the new energy taxis there is an opportunity to restrict the usage of fuel and also reduce the emission of greenhouse gases. Hence this is become important for the Chinese government to introduce NEV.

The support of the government.

The advancement in the battery technologies.

Tax initiatives.

The restraining factors of NEV Taxi Market are as follows:

Safety and reliability.

The absence of comprehensive charging infrastructure.

High cost of vehicles and batteries.


The NEV Taxi Market is segmented on the basis of Ownership as Company owned, Individually Owned. The NEV Taxi Market is segmented on the basis of Taxi Range as Short Range NEV Taxis and Long Range NEV Taxis.

This report provides: 1) An overview of the NEV Taxi Market and related technologies.

2) Analysis of global market trends and projections of compound annual growth rates (CAGRs) through 2021.

3) Identifications of new market opportunities and targeted promotional plans for NEV Taxi Market

4) Discussion of research and development, and the demand for new products and new applications.


5) Comprehensive company profiles of major players in the industry.


The scope of the report includes a detailed study of global and regional markets for various types of NEV Taxi Market with the reasons given for variations in the growth of the industry in certain regions.

The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include BYD Auto Co. Ltd., Anhui Jianghuai Automobile Co Ltd (JAC), Beijing Automotive Industry Holding Co. Ltd. (BAIC), BeiqiFoton Motor Co. Ltd., Changan Automobile Co. Ltd, and Dongfeng Nissan Passenger Vehicle Company... are provided in the report. Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.


The Top Companies Report is intended to provide our buyers with a snapshot of the industry’s most influential players.

The Market Segmentation of NEV Taxi Market is as follows:

Market Segmentation on the basis of Ownership:

Company Owned

Individually Owned

Market Segmentation on the basis of Taxi Range:

Short Range NEV Taxis

Long Range NEV Taxis


Download Free Sample Report:

Reasons to buy this Report: 1) Obtain the most up to date information available on all active and planned NEV Taxi Market in China.

2) Identify growth segments and opportunities in the industry.

3) Facilitate decision making on the basis of strong historic and forecast of NEV Taxi Market and unit capacity data.

4) Assess your competitor’s refining portfolio and its evolution.


Table of Contents

Chapter 1 Preface

1.1 Report description

1.2 Research scope

1.3 Research methodology

Chapter 2 Executive Summary

Chapter 3 NEV Taxi Market Overview

3.1 Introduction

3.2 Total number of taxis in China by region, 2013

3.2.1 Total number of taxis in China, 2012 – 2020

3.3 NEV policies and subsidies in China (by region)

3.3.1 Overview of national and regional price subsidies in China

3.3.2 Beijing

3.3.3 Shanghai


3.3.4 Guangdong

3.3.5 Taiwan

3.3.6 Others (Jilin, Anhui, Liaoning, Heilongjiang, Zhejiang etc.)

3.4 China electric vehicle battery OEMs

3.5 Battery specification overview for China market

3.6 Information on battery suppliers

3.6.1 Zhejiang Wanxiang Group

3.6.2 Beijing Pride Power System Technology Limited.

3.6.3 CITIC Guoan MGL New Energy Technology Co., Ltd.

3.7 Taxi companies in China

3.8 Market trends and future outlook

3.8.1 Specific NEV taxi sales target

3.9 Market dynamics

3.9.1 Drivers Government support and favorable government policies Increased traffic congestion leading to air quality issues Oil price and independence Advancements in battery technology

3.9.2 Restraints Absence of comprehensive charging infrastructure Cost of vehicles/batteries

slide11 Safety and reliability

3.9.3 Opportunities Sustainable electric mobility Methodology Use of battery swap model Battery swapping business status in China Vehicle-to-Grid (V2G) technology Use of Range-Extended Electric Vehicles (REEVs)

3.10 Porters five force analysis

3.10.1 Bargaining power of suppliers

3.10.2 Bargaining power of buyers

3.10.3 Threat of substitute products

3.10.4 Threat of new entrants

3.10.5 Degree of competition

3.11 Value chain analysis

3.12 Competitive analysis, 2013

3.12.1 Leading NEV taxi operating companies in China Pengcheng Electric Vehicle Taxi Co. Ltd. Business overview: Fangshan Fangan Taxi Company Business overview

slide12 Tong HuiJie Electric Taxi Company Business overview Beijing Guichuan Taxi Co., Ltd. Business overview Nanjing Jiangnan Electric Taxi Ltd. Business overview

3.13 Market attractiveness by taxi range, 2013

Chapter 4 China NEV Taxi Market, by Owner Type

4.1 Introduction

4.1.1 China NEV taxi market, by owner type, 2013 & 2020 (%)

4.2 Company owned

4.2.1 China company owned NEV taxi market, 2012 – 2020

4.3 Individually owned

4.3.1 China individually owned NEV taxi market, 2012 – 2020

Chapter 5 China NEV Taxi Market, by Taxi Range

5.1 Introduction


5.1.1 China NEV taxi market, by taxi range, 2013 & 2020 (%)

5.2 Short range

5.2.1 China short range NEV taxi market, 2012 – 2020

5.3 Long range

5.3.1 China long range NEV taxi market, 2012 – 2020


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About Market Research Engine

Market Research Engine is a global market research and consulting organization. We provide market intelligence in emerging, niche technologies and markets. Our market analysis powered by rigorous methodology and quality metrics provide information and forecasts across emerging markets, emerging technologies and emerging business models. Our deep focus on industry verticals and country reports help our clients to identify opportunities and develop business strategies.

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